Egyptian business tycoon Nassef Sawiris’ wealth grew by around $1.5 billion or 25 billion Egyptian pounds, Forbes …
OCI NV
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Industry & Trade
INTERVIEW: Orascom Construction sees power, transport as growth areas
by Yomna Yasserby Yomna YasserOrascom Construction Ltd (OC), spun off from OCI NV in March, is banking on Egypt’s need to …
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Industry & Trade
Egypt’s wealthiest man Sawiris becomes largest investor in Adidas
by Yomna Yasserby Yomna YasserEgyptian business tycoon Nassef Sawiris has raised his stake in international sporting goods maker Adidas to 6 …
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Industry & Trade
CF Industries Said Near OCI Deal to Create Yara Fertilizer Rival
by Noha Gadby Noha GadCF Industries Holdings Inc., the largest U.S. producer of nitrogen-based fertilizer, is nearing an agreement to acquire …
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Orascom Construction plans to offer 11 percent of its shares on the Cairo bourse to raise 1.41 …
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OCI NV, a Dutch fertilizers producer and construction company, said it will split next month and list …
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Industry & Trade
Orders Fall at OCI’s Construction Arm as Readies Listing
by Yomna Yasserby Yomna YasserThe construction arm of Egypt’s OCI NV posted a 15 percent drop in new orders in the …
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Industry & Trade
Nassef Sawiris: Egypt Economy Needs EGP200bn Annual Investments
by Yomna Yasserby Yomna YasserEgypt needs to allure investments worth 200 billion Egyptian pounds (around $28 billion) per year to revive …
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Industry & Trade
Glimpse of Egypt Stability Enough for Some Investors to Resume Deals
by Yomna Yasserby Yomna YasserFrom small business to billionaires, a vanguard of Egypt’s entrepreneurs is starting to bet that the economy …
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Egyptian Billionaire Nassef Sawiris plans to return a part of his business to Egypt amid growing demand …